The best High-yield savings accounts are an excellent option for storing savings you wish to accrue a competitive Annual Percentage Yield (APY) on, especially when you're uncertain about the timeframe for using the funds.
Leaving money in a regular bank won't usually get you the best savings rates. Therefore, we keep looking across the internet and daily press releases to find accounts that offer competitive savings rates.
These are all ordinary savings or Moneymarket (MMA) accounts, with no hoops to jump through, and they are FDIC/NCUA insured up to $250,000.
What are the Best High-yield Savings Accounts at the Moment
Bank / Institution | Interest Rate | Min To Open | Notes |
|---|---|---|---|
4.35% | from Emigrant Savings Bank | ||
4.11% | $1 | No fee on Savings account - make sure to select savings! (UFB also offer same rate on a Money Market account which has a min of $5,000 to avoid $10 monthly fee); connected to Axios bank | |
4.10% | $10 | Max $1,000,000 | |
4.10% | $1 | via SaveBetter | |
4.05% | $0.01 | US citizens only, permanent residents cannot apply online | |
4.05% | $1,000 | Must maintain $1,000 balance to avoid $10 monthly fee | |
4.01% | $1,000 | Max $500,000; US citizens only, permanent residents cannot apply online | |
4.00% | $1 | via SaveBetter | |
4.00% | $1 | via SaveBetter | |
4.00% | $1 | via SaveBetter | |
4.00% | $500 | Max $75,000 | |
4.00% | $2,5000 | ||
4.00% | no minimum | ||
4.00% | $1 | ||
4.00% | $1,000 |
